Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Hill & Smith Holdings ( (GB:HILS) ) just unveiled an announcement.
Hill & Smith PLC has announced the purchase and cancellation of 12,000 ordinary shares as part of its £100 million share buyback program. This transaction, conducted through Deutsche Bank AG, London Branch, is part of the company’s strategic effort to enhance shareholder value, reducing the total number of shares in issue to 79,618,341.
The most recent analyst rating on (GB:HILS) stock is a Buy with a £2582.00 price target. To see the full list of analyst forecasts on Hill & Smith Holdings stock, see the GB:HILS Stock Forecast page.
Spark’s Take on GB:HILS Stock
According to Spark, TipRanks’ AI Analyst, GB:HILS is a Outperform.
Hill & Smith Holdings scores well due to its strong financial performance and positive corporate actions, such as the share buyback program. While technical indicators show bullish momentum, the high P/E ratio suggests potential overvaluation, which slightly tempers the overall score.
To see Spark’s full report on GB:HILS stock, click here.
More about Hill & Smith Holdings
Average Trading Volume: 123,402
Technical Sentiment Signal: Buy
Current Market Cap: £1.73B
For an in-depth examination of HILS stock, go to TipRanks’ Overview page.